Let’s have a detailed review of the company and analytics of the Vidli Restaurants Rights Issue offer open date, Term of payment, Vidli Restaurants Limited Rights Issue Entitlement, and other details like the company’s background, its financial positions, its promoters, and other related things.

Face ValueRs 10
Issue PriceRs [●]
Listing AtBSE
Min. Lot Size[●] Eq Shares
Record Date[●]
Issue Size (Rs.)Rs 6,49,50,000 
Shares for Issue43,30,000 Eq Shares
Rights entitlement[●] Rights EQ shares for every [●] Fully paid Eq Shares.

Vidli Restaurants Rights Issue is listed at BSE. Check out the live share price by clicking on the below link.


Vidli Restaurants Rights Issue – Summary

Vidli Restaurants Rights IssueTheir Company believes in providing quality food in hygienic surroundings at convenient locations for serving their customers better. Hygiene, quality, and customer satisfaction are core concepts exercised by their team at all outlets which distinguish them from local restaurants. Their hygienic and convenient locations, dedicated team efforts, quality of service, and products are their strengths which help them work towards their long-term vision of being the largest, trusted, and premium vegetarian family restaurant.

The Company has built an outlet of ‘Multi-Brand Cloud Kitchen’ with the concept of only delivery or takeaways and no actual storefront or high street locations requirement. The said outlet has multiple brands of the Company to cater to different cuisines.

The Promoter of this company is VIDHI VIKRAM KAMAT, CONWY HOSPITALITY PRIVATE LIMITED, AND VITS HOTELS WORLDWIDE PRIVATE LIMITED. The lead manager to the issue is CAPITALSQUARE ADVISORS PRIVATE LIMITED, and the Registrar to this issue is BIGSHARE SERVICES PRIVATE LIMITED.


Vidli Restaurants Rights Issue Date

The opening and the closing date of the IPO of Vidli Restaurants Limited are [●] and [●] respectively.


Vidli Restaurants Rights Issue Allotment Status

Here, you can find the Allotment Status of this Right Issue.

Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.

Vidli Restaurants Rights Issue Dates

Find the dates below on basis of allotment, record, listing, and more:

Issue Opening Date
[●]
Last date for on-market renunciation of rights / Date of closure of trading of Rights Entitlements[●]
Issue Closing Date[●]
Finalizing the basis of allotment with the Designated Stock Exchange[●]
Record date[●]
Date of Allotment[●]
Credit of Shares to Demat Account[●]
Share Listing Date[●]

Vidli Restaurants Rights Issue Price

The face value of each share is Rs.10, but the Cash Price is Rs.[●] per Eq share. 


Vidli Restaurants Rights Issue Equity Size

This Initial Public Issue of 43,30,000 Equity Shares of Rs.10 each for cash at a price of Rs.[●] per equity share aggregating to Rs 6,49,50,000.


Vidli Restaurants Rights Issue – Live Performance

The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.

Live IPO Performance – Vidli Restaurants Share Price

Vidli Restaurants Rights Issue – Company Overview

The Company is in the business of hospitality, food products, and allied activities. Primarily, the business model of the Company is to grant the franchisee under Trade Marks.

Currently, franchisee for Trade Mark “Vithal Kamats / Kamats”, ‘Urban Dhaba – The Rich Taste of Punjab’ – having Punjabi Dhaba theme serving Indian, North Indian, veg and non-veg food with live music and live bar; ‘Pepper Fry Veg Multi-Cuisine Kitchen – by Kamats’ – a multi-cuisine restaurant and ‘Waah Malvan’ – which brings the unique taste of Malvan with a coastal cuisine are been granted. These are chains of restaurants serving standardized food items at various outlets on national highways, state highways, and cities.

The Company also has a venture in the production of ready to eat food products, variety of namkeens which include mini bhakarvadi, methi gathiya, Kabuli chana, thikha boondi, etc. which are available at the restaurants of the Company and are distributed through wholesalers, retail shops, sweet marts, etc.

The Company has entered into an arrangement for management and operation of outlets in the Bharat Ratna Rajiv Gandhi District Sports Complex.


Vidli Restaurants Rights Issue – Financial Statements

A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:

Financial Summary:

Amount (in INR & Lakhs)
31-Mar-2131-Mar-20
Total Assets8,56,56,8018,65,38,375
*Total Revenue3,02,34,0284,91,69,045
Total Expense2,98,05,4654,70,38,510
Profit After Tax4,89,05716,26,147

Earnings per Equity Share (in Lakhs)

31-Mar-2131-Mar-20
Basic0 .110.3
Diluted0 .110.3

Vidli Restaurants Rights Issue – Promoters

The Promoters of this company are:

  1. VIDHI VIKRAM KAMAT,
  2. CONWY HOSPITALITY PRIVATE LIMITED,
  3. VITS HOTELS WORLDWIDE PRIVATE LIMITED

List of Related Parties (Key Managerial Personnel)

  • Vidhi Vikram Kamat, Managing Director
  • Nanette D’sa Ralph, Chairman, and Independent Director
  • Kurian Pallathuseri Chandy, Independent Director
  • Arun Suresh Jain, Independent Director

Vidli Restaurants Rights Issue Details

 ParticularsDetails of Equity Shares
Equity Shares proposed to be issuedUp to 43,30,000 Shares
Rights Entitlement[●]
Record Date[●]
Issue Price per Rights Equity SharesRs.[●]/-
Issue SizeUp to 43,30,000 Shares of the face value of Rs 10 each for cash at a price of Rs [●] per Rights Share up to the amount of Rs 6,49,50,000
Shares issued, subscribed, and paid up prior to the Issue[●] Shares
Equity Shares subscribed and paid-up after the IssueUp to [●] Shares

Vidli Restaurants Rights Issue Object

Their Company proposes to utilize the Net Proceeds towards funding the following objects:

1. To acquire 31,45,510 (Thirty-One Lakhs Forty-Five Thousand Five Hundred and Ten) equity shares of the face value of Rs 10.00/- (Rupees Ten Only) representing 84.01% of the equity and voting share capital of Vitizen Hotels Limited;
2. Towards working capital requirements;
3. To meet Issue related expenses;
4. General Corporate Purposes.

Vidli Restaurants – Business Strategy

  • Penetrate their Presence through establishing new food joints in malls
  • Penetrate their presence in exiting cities
  • Expand their reach by entering into new cities
  • Improving functional efficiency
  • Leveraging their market skills and relationship

Vidli Restaurants Rights Issue Lead Managers

Lead Managers
CAPITALSQUARE ADVISORS PRIVATE LIMITED
208, 2nd Floor, AARPEE Center, MIDC Road No 11, CTS 70, Andheri (E),
Mumbai – 400093, Maharashtra, India;
Contact Details: +91-22-66849999/ +91-9874283532;
Website: www.capitalsquare.in;
Email ID/ Investor Grievance ID: tanmoy.banerjee@capitalsquare.in,
pankita.patel@capitalsquare.in;
Contact Person: Mr. Tanmoy Banerjee/ Ms. Pankita Patel;
SEBI Registration Number: INM000012219

Vidli Restaurants Issue Registrar to offer

Registrar to the Offer
BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building, Opposite Vasant Oasis, Makwana
Road,Marol, Andheri (East), Mumbai – 400 059 Maharashtra, India;
Contact Details: 022 – 40430200 / 62638200;
Fax Number: 022 – 28475207 / 62638299;
E-mail ID: investor@bigshareonline.com;
Investor grievance e-mail: rightsissue@bigshareonline.com;
Website: www.bigshareonline.com;
Contact Person: Ashish Bhope;
SEBI Registration Number: INR000001385

Vidli Restaurants Issue Details

  • Statutory Auditor – M/s. Anay Gogte & Co., Chartered Accountants
  • Legal Counsel to the Company – NA
  • Bankers to the Company – NA


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    Vidli Restaurants Limited News

    News 1 – Vidli Restaurants Rights Issue Draft Download

    News 2 –  Vidli Restaurants Issue Letter of Offer


    Vidli Restaurants Rights Issue Review FAQs

    Where to download Vidli Restaurants Issue letter of offer?

    This page is the perfect hub for shareholders, which wish to pursue the option of buying additional Vidli Restaurants Company shares. You will find a news section towards the end of the page, and the link which would redirect you to the letter of offer.

    Where to download the Application Form for Vidli Restaurants Issue?

    Application forms of Vidli Restaurants Rights Issue can be obtained via multiple destinations. You can seek out for the exchange or company or the registrar’s official websites. Furthermore, you may download the form, fill it up, and then choose either online or offline mode to submit it.

    How to check Vidli Restaurants Rights Issue allotment date?

    They are highly oriented to provide you with end-to-end details of the Vidli Restaurants Rights Issue. Hence, they urge you to check out the page precisely for the allotment date. They will find a sub-section in the page, namely Rights Issue Dates, which features all necessary dates.

    What is the Vidli Restaurants Issue price per share?

    Rights issue is generally an offer made to shareholders at a price lower than the market price. Hence, as per the offer made in the Letter of Offer, the company proposes to sell shares at Rs.NA per Equity Share through Vidli Restaurants Rights Issue.

    Who is the registrar to Vidli Restaurants Rights Issue?

    Registrar, as chosen by Vidli Restaurants is BIGSHARE SERVICES PRIVATE LIMITED. You can refer to this article which furthermore contains all the details of the registrar. Scroll towards the end of the page to find the registrar’s address, contact person, and email id information.

    When the Vidli Restaurants Rights Issue is opening?

    They collected all the scattered data from the Letter of Offer for their readers, to make it easy for them to easily locate the required details. As per the offer stated, the Vidli Restaurants Rights Issue is all set to open on NA.

    When the Vidli Restaurants Rights Issue is closing?

    While the offer would open on NA, it is mostly likely scheduled to close on NA. This would be the last day you can bid for the shares, being an eligible shareholder. Check the article for more insights on the Vidli Restaurants Rights Issue.

    What is the Vidli Rights Issue size?

    Vidli Restaurants Rights Issue is a proposal to raise 43,30,000 Equity shares, aggregating to Rs 6,49,50,000, from the existing shareholders. You can furthermore refer to the topmost table of this article to check out other crucial statistics such as Minimum Lot size, record date, RE, Face value, and more.

    Who is the Vidli Restaurants Issue Lead manager?

    A designated underwriter or lead manager of Vidli Restaurants Rights Issue is CAPITAL SQUARE ADVISORS PRIVATE LIMITED. They also provide you with the information you need about the lead manager, such as an address, contact person, email address, and more. Such data is structured towards the end of the article.

    What are the important dates of the Vidli Restaurants Issue?

    There are a bunch of important dates regarding the Vidli Restaurants Rights Issue, which you need to know about. The priority should be the Record Date of NA., which deems you eligible for investment. The rest of the dates include opening, closing, allotment, listing, and more, which are all provided in the section Rights Issue Dates.


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